Insider Selling: Power Metals (CVE:PWM) Insider Sells C$56,700.00 in Stock

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 63,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of C$0.90, for a total transaction of C$56,700.00. Following the transaction, the insider owned 32,097,500 shares in the company, valued at C$28,887,750. This represents a 0.20% decrease in their position.

Winsome Resources Limited also recently made the following trade(s):

• On Thursday, October 30th, Winsome Resources Limited sold 28,000 shares of Power Metals stock. The stock was sold at an average price of C$0.91, for a total transaction of C$25,480.00.
• On Friday, October 31st, Winsome Resources Limited sold 111,500 shares of Power Metals stock. The stock was sold at an average price of C$0.96, for a total transaction of C$107,040.00.
• On Tuesday, November 4th, Winsome Resources Limited sold 40,000 shares of Power Metals stock. The stock was sold at an average price of C$0.86, for a total value of C$34,400.00.
• On Wednesday, November 5th, Winsome Resources Limited sold 74,500 shares of Power Metals stock. The shares were sold at an average price of C$0.89, for a total value of C$66,305.00.
• On Thursday, November 6th, Winsome Resources Limited sold 40,000 shares of Power Metals stock. The stock was sold at an average price of C$0.89, for a total value of C$35,600.00.

Power Metals Stock Up 4.7%

Shares of Power Metals stock opened at C$0.90 on Monday. Power Metals Corp. has a 12-month low of C$0.34 and a 12-month high of C$1.47. The stock has a 50 day moving average price of C$0.83 and a two-hundred day moving average price of C$0.80. The stock has a market capitalization of C$140.14 million, a P/E ratio of -90.00 and a beta of 0.14.

About Power Metals

Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario.